Florida Market Viewpoint April 2017 - Page 83

Market Action Report City: Fort Myers Fort Myers Agent Name Market Action Report City: Fort Myers April 2017 Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD $284,900 -0% 2% Other $382,911 Trending -2% versus*: -4% Trending versus*: Month LM 5% L3M 2% PYM 10% LY Prior YTD 10% Prior Year $230,000 6% YTD $225,000 $284,900 -0% 2% 1% 2% 3% $266,714 4% $262,975 5% $382,911 2,919 -2% -3% -4% 14% $230,000 494 5% -16% 2% 10% -6% 6% $225,000 1,811 10% 5% 4% $266,714 2% 1% 3% 4% $262,975 5% 17% 3% 76 -10% -7% 15% 1% 82 2,919 -3% 14% $161 2% 1% 2% 3% $160 3% 494 -16% -6% 1,811 5% $146 0% 2% 5% 7% $144 7% 76 -10% -7% 15% 1% 82 17% 9% 5.9 15% -9% 22% 1% 6.8 10% $161 2% 1% 2% 3% $160 3% 3% 93.6% .0% .1% -.1% -.0% 93.5% -0% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot 4% 3% 9% 3% 5% 17% -0% $146 0% 2% 5% 7% $144 7% 5% 5.9 15% -9% 22% 1% 6.8 10% 17% of 93.5% Properties 93.6% .0% .1% -.1% Number -.0% -0% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 3 Mo Avg 700 April Property sales were 494, down 6.3% from 527 in April of 2016 and 15.7% lower than the 586 sales last month. April 2017 600 Property sales were Sales at their lowest level compared to April of 2016 and 700 April Property sales sales were of 494, down from 4.7% 527 in April of of last 500 2015. April YTD 1,811 are 6.3% running ahead 2016 and 15.7% lower sales than of the 1,729. 586 sales last month. April 2017 600 year's year-to-date 400 sales were at their lowest level compared to April of 2016 and Prices 14 The Median Sales Price in April was $230,000, up 9.5% from Prices $210,000 in April of 2016 and up 4.5% from $220,000 last 290 The Median Sales Price Sales in April was in $230,000, 9.5% from month. The Average Price April was up $266,714, up 2.8% 270 $210,000 in April of 2016 and up 4.5% from $220,000 last from $259,508 in April of 2016 and up 1.5% from $262,751 last 290 month. Average Price at in the April was $266,714, up 2.8% month. The April 2017 Sales ASP was highest level compared to 270 250 from in April of 2016 and up 1.5% from $262,751 last April $259,508 of 2016 and 2015. month. April 2017 ASP was at the highest level compared to 250 230 462 15 16 Median Sales Price and Average Sales Price 335 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 0 April of 2016 and 2015. 0 100 100 200 200 300 3 Mo Avg 300 400 500 2015. April YTD sales of 1,811 are running 4.7% ahead of last year's year-to-date sales of 1,729. Number of Properties Sold 3 Mo Avg 17 3 Mo Avg 230 210 210 190 190 170 170 150 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 150 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 2,500 2,000 2,000 10.0 10.0 highest level compared with April of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 2,919, down 3.3% from 3,020 last month and up April 14.3% from 3,500 The Inventory of Properties available for sale as of 2,554 in April of last year. April 2017 Inventory was at was 2,919, down 3.3% from 3,020 last month and up 14.3% its from 3,500 3,000 2,554 in April last year. with April April 2017 of Inventory was at its highest level of compared 2016 and 2015. 3,000 2,500 1,500 8.0 6.0 A comparatively lower MSI is more beneficial for sellers while 1 L H K  HY\\\]][B\TB\[ܙHB[YXX[[\“TH\]\܈^Y\˂\[܂ M“TH[Bو KHH K L Y\TB\]\܈^Y\˂\[ M“TBو KB[۝\˜]]Y\][B\\Y]\[و M[ L [۝Œ MK\]]Y\][\\Y]\[و M[  MKHHHHHHHHHHHBHHHHHHHHHHHBMMBMMŒMMBMM\YH[[\\Y[X[\]B[[\[]Y X[ܜ”XH[N[\B\\΂ђ Hۂ\YH[[\\Y[X[X[X[\]B[[\[]Y X[ܜŸXH[N[\B\\ΈђHۂ[H\H\ B Ž   ]BݚYY\\BوܙX]\]Y\[BPSԔPSԂ\X][ۂوX\[ZX[ZH\X][ۂوPSԔܚYHSY[ۘ[S\وPSԔPSԔو\X][ۂوH[BXX\XH\\‘]B\\œݚYY\\BوܙX]\ܝܝ]Y\[BPSԔPSԂ\X][ۂوX\[[K[KZX[ZH\X][ۂوPSԔ^HܚYH^BY[ۘ[\\\XH\\\\XBوPSԔPSԔ\X][ۂH[HXX\XB\\X][ۂوPS\\[܈X\[YBX\XBو[ܛX][ۋ\[ܛX][ۋ]\\ۜX[]BH\ۜX[]B[H܈^Y\\YB[[[ܛX][ۂXۜ[Y\&\™\]H[X[ۋ\›\[܈X\[YBHBX\XBو\’]\Bو[Hق^Y\[\܈[\\YH[B[[B[[ܛX][ۂ[][[][Xۜ[Y\&\œX[\]HX[[X[ۋ